Trading Operations Manager - Fairport Asset Management

HighTower Advisors - Cleveland, OH

Full-time - Mid Level

Cleveland, OH

1,001-5,000 employees

Professional, Scientific, and Technical Services

About the position

The Trading Operations Manager at Fairport Wealth is responsible for leading the trading department within a growing wealth management firm. This role involves managing daily operations, overseeing a small team of portfolio administrators, and influencing portfolio administration strategies. The position requires collaboration with various departments to ensure efficient trading processes and best execution practices.

Responsibilities

• Manage a team of two (2) traders
• Work in conjunction with Operations Manager and Director of Client Service to manage firm operations
• Serve as department liaison to the Investment team
• Setup, maintain, and manage trading models
• Maintain and monitor Best Execution
• Oversee trade execution processes and procedures
• Manage trading software database
• Responsible for portfolio administration across the Enterprise
• Manage integration of acquired AUM
• Maintain relationships with trading desks at custodians and Hightower

Requirements

• Bachelor's Degree
• 7-10 years of industry experience
• Experience working on a trading desk
• Experience managing a team is a plus
• Process-oriented and team-focused
• Project management experience required
• Experience with portfolio rebalancing software required, experience with Orion Eclipse is a plus
• Critical thinking skills and aptitude for independent problem-solving
• Alignment with Fairport Wealth Core Values: Team Over Self, Engaged, Initiative, Continuous Improvement, Empathetic

Benefits

• Coverage on the first day of employment for medical, dental, and vision insurance
• Flexible Benefits (FSA, Pre-tax transportation, HSA Employer Contributions)
• 401k Matching Plan
• Paid Parental Leave
• Student Loan Assistance
• Pet Insurance